Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Hariz on June 09, 2018, 07:11:57 PM



Title: Swing Trading vs. LONG HODL
Post by: Hariz on June 09, 2018, 07:11:57 PM
I was just going through my past investments to see if there are any potential coins that I would like to invest again. Couldn't believe what I saw there. I had invested 0.5 BTC on Stellar Lumens (XLM) back in November 2017. Sold this in December 2017 for a 40% profit  :'(

If only I held this coin through the testing times until now, it would have been worth 10+ BTC today and perhaps 20+ by the end of 2018.

So this question came to my mind - does swing trading and day trading options really work for an average joe? Someone with a 9-5 job that doesn't let him/her watch the market all the time. I'm convinced now that doing the research and investing long term rather than short targets based on market events, forks, mainnet brings in better RoI.

I believe the real value lies in patience! Happy to hear your thoughts on this  :D


Title: Re: Swing Trading vs. LONG HODL
Post by: seo-maestro on June 09, 2018, 07:41:11 PM
Maybe it's good tp spit your crypto portfolio for 2 parts: long-term (HODL) and trading. So you can choose between 70% and 30% if you like to trade more then HODL or 50/50 or 20/80 depends on you wishes.


Title: Re: Swing Trading vs. LONG HODL
Post by: vladraineer on June 09, 2018, 07:44:38 PM
HODL is the best strategy compared to daily trading,you are unlikely to be able to overtake such a growing market and waste time and money on eternal speculation.


Title: Re: Swing Trading vs. LONG HODL
Post by: Hariz on June 12, 2018, 03:55:51 AM
HODL is the best strategy compared to daily trading,you are unlikely to be able to overtake such a growing market and waste time and money on eternal speculation.

Yes but only if BTC moves to your favour. In the current bull market, you would do better sitting in Tether or fiat than hold any of the Alts.


Title: Re: Swing Trading vs. LONG HODL
Post by: Crown1 on June 12, 2018, 03:58:45 AM
Yes, that's the right way to do it.
Holding for long periods of time allows you to maximize profits, but you need to forget about short-term price fluctuations, which are often difficult.